Productivity surveys

Producer: Statistics Finland
Data:

Latest release:
Labour productivity grew by 1.2 per cent in 2016
30 Nov 2017
Based on preliminary national accounts data on the volume of value added, the growth rate of labour productivity in the whole national economy was 1.2 per cent in 2016. After three years of decline and one year of zero growth, the change in the volume of value added turned positive again in 2016, being 1.6 per cent. When the number of hours worked at the same time grew by only 0.4 per cent, more value added was achieved in one hour worked than before.

Next release:
30 Nov 2018

Description: A distinctive feature of Finnish economic growth, especially since the Second World War, has been the major significance of growth in productivity. Change in productivity is the part of growth in output that is not explained by change in the use of input(s) or compensation of inputs. Growth in total productivity depicts not only technological development and increased efficiency but also the effects from improved quality of inputs, management, logistics and organisation.
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Keywords: capital stock, industries, national accounts, national economy, productivity, productivity of labour, value added.
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Change: National Accounts adopted the new ESA 2010 system
28 Nov 2014
The European Union started using the new system of national accounts (ESA 2010) at the end of September 2014.

Referencing instructions:

Statistics: Productivity surveys [e-publication].
ISSN=2343-4333. Helsinki: Statistics Finland [referred: 17.12.2017].
Access method: http://www.stat.fi/til/ttut/index_en.html

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